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2011 CFA Mock - AM Question 10

Someone PLEASE help me to understand question #10, I can't get the right answer even with the answer key.

Per HK$1 of notional principal the PV of the fixed payments revecied on the Hong Kong dollar = (0.0046) x (0.9976+.....

How does one get 0.0046? I get 0.0083, what am I doing wrong?

Thanks!

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